Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
Prop Firm Guard Panel is a small on-chart panel for traders working on prop firm challenges or funded accounts. It shows, in real time, how far the account is from the daily loss limit, the maximum loss limit and the profit target, so you always know how much room is left before breaking a rule.
The indicator is display only. It never opens, modifies or closes positions.
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What the panel shows:
- Equity and balance
- Daily loss: amount used, limit, percentage and remaining room (based on the start-of-day balance)
- Max loss: percentage used, remaining room and the equity floor
- Profit target: progress bar and percentage
- Day start time (server time) and start-of-day balance
The start-of-day balance is rebuilt from today's closed deals, so the panel stays correct after a terminal restart. Colors switch from green to orange to red as limits get closer. Optional alerts (popup and push notification) fire once when a warning level is reached.
Inputs:
- InpInitialBalance: initial account size (e.g. 100000)
- InpDailyLossPct: daily loss limit in % of initial balance (default 5)
- InpMaxLossPct: maximum loss limit in % of initial balance (default 10)
- InpTargetPct: profit target in % (default 10)
- InpResetHour: server hour when the trading day resets (default 0)
- InpWarnPct: warning level, in % of a limit used (default 80)
- InpPopup: enable popup alerts
- InpPush: enable push notifications
- InpCorner, InpX, InpY: panel position on the chart
- InpFontSize: font size
- InpTheme: Auto (follows the chart background), Dark or Light
Note: rules differ between prop firms (balance-based or equity-based daily limit, trailing drawdown, reset time). Check your firm's rules and set the inputs accordingly.
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